Global X Clean Tech ETF (NASDAQ:CTEC) Short Interest Update

Global X Clean Tech ETF (NASDAQ:CTEC) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 6,300 shares, an increase of 26.0% from the October 15th total of 5,000 shares. Based on an average trading volume of 13,100 shares, the days-to-cover ratio is presently 0.5 days.

Global X Clean Tech ETF Stock Performance

Global X Clean Tech ETF stock opened at $6.89 on Friday. Global X Clean Tech ETF has a one year low of $6.65 and a one year high of $10.96. The company has a 50-day simple moving average of $7.62 and a 200-day simple moving average of $8.23. The firm has a market capitalization of $33.90 million, a P/E ratio of 7.95 and a beta of 1.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC raised its holdings in shares of Global X Clean Tech ETF by 11.9% during the third quarter. Integrated Wealth Concepts LLC now owns 13,735 shares of the company’s stock valued at $115,000 after buying an additional 1,466 shares during the last quarter. CreativeOne Wealth LLC raised its stake in Global X Clean Tech ETF by 5.1% during the 3rd quarter. CreativeOne Wealth LLC now owns 56,798 shares of the company’s stock valued at $475,000 after acquiring an additional 2,763 shares in the last quarter. Good Life Advisors LLC acquired a new position in Global X Clean Tech ETF during the 3rd quarter worth $89,000. Money Design Co. Ltd. grew its stake in shares of Global X Clean Tech ETF by 8.0% in the third quarter. Money Design Co. Ltd. now owns 207,468 shares of the company’s stock worth $1,734,000 after purchasing an additional 15,358 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new position in shares of Global X Clean Tech ETF in the third quarter worth $132,000.

Global X Clean Tech ETF Company Profile

The Global X CleanTech ETF (CTEC) is an exchange-traded fund that is based on the Indxx Global CleanTech index. The fund tracks a market-cap weighted index of global companies involved in the development and production of technologies that reduce negative impact on the environment. CTEC was launched on Oct 27, 2020 and is managed by Global X.